Is crypto becoming political battleground the US? Should we be worried?

It's looking like crypto is being dragged into the ugly world of politics in the US. This could be very concerning given that anything one side supports, the other side tends to oppose with a passion, and vice-versa, especially with how politically divided the US is these days. A strong opposition from one side could hurt crypto in terms of regulation and overall sentiment from members of the particular side towards the space.

In the last few weeks, we've seen the following crypto-related events unfold,

Mar 09, 2023

(Democrats) Biden budget proposes 30% tax on crypto mining electricity usage (Source)

Mar 09, 2023

(Democrats) New York Attorney General sues KuCoin and claims Ethereum is a security (Source)

Mar 21, 2023

(Republicans) Florida Governor Ron DeSantis proposes bill to ban CBDC's (Source)

Mar 21, 2023

(Republicans) Texas lawmaker introduces bill to protect Bitcoin holders and miners, "Shall know by this resolution that the Bitcoin economy is welcome in Texas...citizens shall always feel free and safe in their ownership and use of Bitcoin in the state of Texas." (Source)

Mar 22, 2023

(Democrats) White House releases a report criticizing cryptocurrencies, stating that "Crypto assets to date do not appear to offer investments with any fundamental value, nor do they act as an effective alternative to fiat money, improve financial inclusion...," before praising FedNow, the upcoming "instant payments system" that will seemingly compete with crypto (Source)

Mar 22, 2023

(Republicans) Ted Cruz also introduces anti-CBDC bill (Source)

Thoughts? Do you think there is anything to worry about?